Home » Archives for August 2024

Anambra State Governor Denies Borrowing Plans

Anambra State Governor, Professor Chukwuma Soludo, has refuted claims that his government intends to borrow N245 billion to fund the 2024 budget. Speaking at the 33rd anniversary of the state’s creation, Soludo stated that such reports were false. He emphasized that the government cannot borrow while facing a deficit of N121 billion for the 2024…

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How Nigeria Spent N19 Trillion in 2023 But Generated N5.9 Trillion Revenue

In 2023, Nigeria faced a severe financial crisis. According to BudgIT, a civic-tech organization, the federal government’s expenditures far exceeded its revenue. Revenue: * Total revenue: N5.99 trillion * FAAC: N3.80 trillion * Independent sources: N1.98 trillion * Federation account share: N2.39 trillion * Exchange rate differences: N715.75 billion * VAT: N441.87 billion Expenditures: *…

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Federal Polytechnic, Ilaro Unveils Electric Tricycle, Seeks Support for Commercial Production

Dr. Mukail Akinde, Rector of Federal Polytechnic, Ilaro, Ogun State, announced the institution’s plans to establish a mini assembly plant for the production of its newly invented electric automated tricycle. Akinde appealed to the Federal Government and corporate organizations, particularly in the manufacturing sector, to support the polytechnic’s efforts to commercialize the invention. He emphasized…

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I’ve been to 55 countries, Nigeria is different

During his visit to Ekiti State, United Nations tourism official Leijzer shared his admiration for Nigerian cuisine and the state’s exceptional tourism potential. Culinary Delights Leijzer expressed his particular fondness for fufu and pounded yam accompanied by flavorful soups. He also noted the abundance of seafood available throughout the country and the lightness and appeal…

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Atiku Fires Back at Bode George Over Claims Nigeria Would Have Collapsed If He Won Presidency

Former Vice President Atiku Abubakar has strongly denounced remarks by Bode George, a former deputy national chairman of the Peoples Democratic Party (PDP), who asserted that Nigeria would have faced imminent collapse had Atiku won the presidency in 2023. In a social media statement, Atiku’s media aide, Paul Ibe, dismissed George’s comments as “ill-advised” and…

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BREAKING: Chinese Firm, Zhongshang, Seizes Nigeria’s $57 million Jet in Canada as Court Rejects Immunity Claim

Zhongshang Fucheng Industrial Investment Ltd., a Chinese company, has taken possession of a $57 million Bombardier 6000 jet owned by the Nigerian government. The aircraft was seized in Canada, following a Canadian court ruling in favor of Zhongshang. The change of ownership was recently finalized after the Canadian court granted Zhongshang’s request to seize the…

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Assistant Secretary General Calls for DSS Investigation of Former Ogun Governor

Olumide Ohunayo, the Assistant Secretary General of the Aviation Safety Roundtable Initiative, has urged the Department of State Services (DSS) to question former Ogun State Governor Ibikunle Amosun regarding the controversial agreement with Chinese firm Zhongshang Fucheng Industrial Investment Ltd. Ohunayo criticized the poorly drafted agreement, alleging that it reflects a “vote of no confidence”…

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Tinubu’s Chief of Staff, Gbajabiamila Gives Insights into 2025 Budget, Makes Revelations

Femi Gbajabiamila, Chief of Staff to President Tinubu, has outlined the approach for the 2025 budget for State House agencies. Emphasizing the scarcity of resources, Gbajabiamila stressed the need for prioritizing funding based on actual requirements. During a fact-finding tour of government agencies under the State House, Gbajabiamila explained that the budget will be informed…

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Nigerian Political Figures Attend Democratic National Convention

Former Vice President Professor Yemi Osinbajo, SAN, and other prominent Nigerian politicians are attending the 2024 Democratic National Convention in Chicago as special guests of the Washington DC-based National Democratic Institute (NDI). Osinbajo, the Labour Party’s presidential candidate in the 2023 election, and former Senate President Ken Nnamani received invitations from the NDI. The Speaker…

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Atiku, El-Rufai, Tambuwal Meet in Abuja [PHOTOS]

On Wednesday, former Vice President Atiku Abubakar hosted a delegation from the Kashim Imam family at his Asokoro residence in Abuja. The delegation was there to formally request the hand of his daughter, Hafsat Atiku Abubakar, in marriage. Led by former Kaduna State Governor Nasir El-Rufai, the delegation included high-profile guests such as National Security…

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Oyo Gov’t Pays N513m Compensation To Land Owners For NAF Base, Other Projects

The Oyo State Government has begun distributing compensation to property owners affected by the development of the Ajia Inukan LCDA, Ona Ara Local Government area. Commissioner for Lands, Housing and Urban Development, Mr. Williams Akin-Funmilayo, announced the commencement of payments at a meeting with claimants. He noted that the government had recently acquired land for…

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NNPC Clarifies Fuel Subsidy Payments

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has confirmed receiving payments from the Federal Government to cover the difference between the landing cost of petrol and its subsidized retail price. However, NNPC Ltd. emphasizes that it has not disbursed any fuel subsidies to marketers in the past nine months. According to NNPC Ltd.’s Chief…

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The Continued Delay In Re-Operation Of Port Harcourt Refinery Stand As A Disgrace- Atiku Abubakar

Former Vice President Atiku Abubakar has criticized President Bola Tinubu’s administration for allegedly continuing fuel subsidies despite public promises to end them. This revelation has sparked a debate about transparency and trust in Nigeria’s governance. Atiku’s criticism centers on the perceived discrepancy between Tinubu’s public statements and actual policy implementation. He claims that evidence suggests…

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I Can Boldly Predict Nigerians Will Ask Tinubu To Continue As President Beyond 2027- Adegoke Alawuje

Comrade Adegoke Alawuje, the National Coordinator of the Disciples of Jagaban, a staunch supporters’ group for President Bola Tinubu, has urged Nigerians to exercise patience during the current socio-economic challenges. In a statement released to the press, Alawuje expressed confidence that the situation will improve and that Nigerians will ultimately request President Tinubu to extend…

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FG to begin disbursement of Presidential loans and grant to manufacturers, MSMEs in September

The Federal Government will begin distributing funds to over 700 verified manufacturers and micro, small, and medium enterprises (MSMEs) in September under the Presidential Grant and Loan Scheme. Ministerial Announcement Minister of Industry, Trade, and Investment, Dr. Doris Anite, made the announcement during a cheque presentation in Calabar, Cross River State. She also noted that…

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Nigeria Customs begins implementation of duties and tax-free imports of essential food items

In response to the escalating food costs and severe hunger crisis in Nigeria, the Nigeria Customs Service (NCS) has initiated measures to facilitate duty-free importation of essential food items. NCS Comptroller-General Adewale Adeniyi announced the suspension of import duties and taxes on rice, flour, wheat, and other vital food items. This decision aligns with the…

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180 Catholic Bishops to meet in Edo

The Catholic Bishops’ Conference of Nigeria (CBCN), the apex decision-making body for the Catholic Church in Nigeria, will hold its second plenary session. The gathering, scheduled to commence on Thursday at the Auchi Catholic Diocese in Edo State, will bring together approximately 180 Reverend Fathers. Rev. Fr. Peter Egielewa, Chairman of the Local Organizing Committee,…

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Tell Nigerians nature of Tinubu’s trip to France – Atiku’s aide to Presidency

On Tuesday, Paul Ibe, the spokesperson for former presidential candidate Atiku Abubakar, called on President Bola Tinubu to clarify the details of his upcoming trip to France. Ibe questioned the duration and nature of Tinubu’s visit, citing the late President Musa Yar’Adua’s example as a reminder of the importance of transparency in such matters. “Could…

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Nigerian Government To Begin Sale Of Crude Oil In Naira To Dangote Refinery October 1

Amidst ongoing controversies, the Nigerian government, led by President Bola Tinubu, has announced the commencement of crude oil sales to the Dangote Refinery in naira, effective October 1. According to a statement posted on the Federal Ministry of Finance’s official X handle, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, chaired…

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LP Lawmaker Fires Back at Dep Speaker Kalu’s Claim, Makes Revelation About APC’s Plan to Take Over Abia

Hon. Obi Aguocha, a Labour Party (LP) Lawmaker representing Umuahia/Ikwuano Federal Constituency, has strongly condemned Deputy Speaker Ben Kalu’s claim that the All Progressives Congress (APC) will seize control of Abia State in 2027. Aguocha accused Kalu of “desperate and brazen display of political ambition” and challenged him to openly declare his governorship aspirations instead…

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If anybody is not satisfied with the Gov’t, should wait for the next election in 2027 – Dele Alake

On Tuesday, August 13, 2024, the Minister of Solid Minerals, Dele Alake, spoke to the media following the first National Council of State meeting under President Bola Tinubu’s administration, according to Pulse Nigeria. The meeting, which lasted over three hours, was a significant assembly of national leaders, including former Heads of State Yakubu Gowon and…

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Why I criticised Tinubu – Bala Mohammed

Governor Bala Mohammed of Bauchi State has clarified his reasons for criticizing President Bola Tinubu’s response to the #EndBadGovernance protests, which were sparked by widespread hardship and hunger. In a meeting with the Bauchi State Executive Council (SEC), Governor Mohammed emphasized that his critique was driven by a genuine desire for the President’s success and…

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Reps grill WAEC boss over N5bn calculators purchase

The House of Representatives’ Committee on Basic Examination Bodies interrogated the National Head of the West African Examination Council (WAEC) Nigeria, Josiah Dangut, on Tuesday. The questioning focused on a N6 billion deficit incurred by the agency in 2023 and a N5 billion loan obtained in 2022 for customized calculators. Dangut, accompanied by senior WAEC…

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Tinubu urged to return 1963 constitution

The Movement for National Reformation (MNR) has urged President Bola Tinubu to reinstate the 1963 constitution and abolish the current 1999 constitution. This appeal, made at a press conference in Abuja, is based on the belief that the 1963 constitution reflects national unity and provides a legitimate framework for governance. According to Dr. Samuel Adai…

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Nigeria: FG, States, LGs Share N12.45tn in H1, Faac Allocation Rises 139.4 Percent

The Nigerian government distributed approximately N12.45 trillion among the federal government, 36 states, and 774 local governments in the first six months of 2024. This represented a significant increase of 139.4% compared to the N5.2 trillion shared during the same period in 2023. Monthly Revenue Distribution * January: N1.67 trillion * February: N2.07 trillion *…

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LEA Teachers Seek Wike’s Intervention In Implementation Of Peculiar Allowances

Teachers employed by the Local Education Authority (LEA) in the Federal Capital Territory (FCT) are pleading with the FCT Minister, Mallam Muhammad Bello, to intervene and compel the area council chairmen to implement the approved Peculiar Allowances. Speaking at a press briefing, Comrade Ephraim Ogar, a representative of the teachers, expressed concern that the area…

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You’re A Political Turncoat, Bauchi Gov Replies Dogara

Governor Bala Mohammed of Bauchi State has responded to criticism from former House of Representatives Speaker Yakubu Dogara, who accused him of committing a crime by criticizing President Bola Tinubu’s policies. Mohammed, through his media adviser Mukhtar Gidado, described Dogara’s statement as a “slur on the judiciary” and a “mindless vituperation.” He accused Dogara of…

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ICPC Detains Former Kaduna Official over Alleged N11 Billion Fraud in Light Rail Project

Jimi Lawal, a former Special Adviser to ex-Kaduna Governor Nasir El-Rufai, is currently in custody of the Independent Corrupt Practices and Other Related Offences Commission (ICPC). The arrest stems from allegations of fraudulent activities in the implementation of the N11 billion Light Rail Project. According to SaharaReporters, Lawal is undergoing interrogation at the commission’s headquarters…

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We are disappointed that Northerners were not represented. An Igbo man was appointed – Arewa

The Arewa Consultative Forum (ACF) has reportedly voiced substantial disappointment with the choice of an individual from Abia State to Governor Siminalayi Fubara’s cabinet, as reported by the Guardian Nigeria. An individual from Abia State was appointed to the cabinet. The Chairman of the ACF, Musa Saidu, has stated that the decision has exacerbated the…

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“Obasanjo introduced corruption to N’Assembly” — Kano Senator alleges

Senator Sumaila Kawu of Kano South has alleged that former President Olusegun Obasanjo is responsible for introducing corruption into the National Assembly. Kawu made these accusations in response to Obasanjo’s recent remarks blaming members of the National Assembly for setting their own salaries and allowances. “When it comes to corruption, it was Obasanjo who brought…

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Why FG is yet to pay allocation directly to LGs

Despite the Supreme Court’s ruling over two months ago affirming the financial autonomy of local governments, the federal government continues to channel council allocations through state governments. In response, the Incorporated Trustees of the Association of Local Governments of Nigeria (ALGON) have issued a legal threat, warning to sue the Forum of Commissioners for Finance…

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If The 27 Law Makers Fails To Attend Our Meeting, We Will Take Action Against Them -Emeka Beke

The All Progressives Congress (APC) Chairman of Rivers State, Emeka Beke, has alleged that the 27 Rivers lawmakers must attend the APC stakeholder meeting. He asserted that if these lawmakers fail to attend the stakeholder meeting, disciplinary actions would be taken against them. He made it clear that, regardless of who officially receives them, these…

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Tinubu will step down in 2025 – Kemi Olunloyo

Kemi Olunloyo, a renowned Nigerian journalist and blogger, has vehemently criticized President Bola Tinubu’s administration, labeling it a “colossal failure.” In a statement released on Wednesday, Olunloyo asserted that Tinubu has “utterly wrecked Nigeria.” As a “disgruntled citizen,” Olunloyo implored the President to resign before the end of his term. “Every aspect of Tinubu’s government…

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